Financing
Great News: Low-Interest Financing Available Through Energize CT’s HEATLOAN Program.
Financing is available for your energy efficiency equipment upgrade at a 0.99% interest rate. You can finance up to $15,000 with only a 10% down payment and make your payments along with your electric bill. Most homeowners will qualify and working with Maus & Son makes it super easy.
Heating equipment to be installed must meet ENERGY STAR® or higher ratings for boilers, furnaces and electric heat pumps. For oil-fired boilers, this means an 87% AFUE rating or higher, and 85% or higher for an oil-fired furnace.
Maus & Son, Inc. is a qualified Energize CT contractor. We walk our customers through the application process from start to finish. Call us in the office or fill out our contact form to schedule a free consultation. Also, you can visit ctheatloan.com for detailed information.
Benefits of an Energize Connecticut Heating Loan:
- Loan installment payments will be billed conveniently on your monthly electric bill
- Loan amount of up to $15,000
- 0.99% APR financing For Residential Heating Equipment Upgrades or Conversions for the life of the loan
- Low monthly payments on loan terms from 3 to 10 years which will result in a monthly payment equal to or less than your projected monthly energy savings
- Up to 90% of the heating system equipment and installation may be financed depending on projected energy savings – the greater the savings, the lower the down payment
Are You Eligible?
The following requirements can help you determine if you are eligible for financing through Energize CT’s HEATLOAN Program.
- Applicant must own the property
- Applicant must have their residential electric account with Eversource or United Illuminating
- The primary borrower must be the property owner AND be listed on the electric account
- Applicants must be current on their electric utility bill and have had either no late payment charges for the most recent six consecutive months or no more than two late payment charges for the last twelve consecutive months
- There are no other credit qualifications required, and no inquiries about your credit score
Because Maus & Son, Inc. is a qualified Energize CT contractor, we can walk you through the process from application to installation.